Total monthly cost of ownership
Cost to Own a Home in Williamston, North Carolina
A $109,000 home here costs
$1,013per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $560. The real number is $453 higher every month — 81% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Williamston against Martin County and North Carolina
| Measure | Williamston | Martin County |
|---|---|---|
| Median home value | $108,900 | $109,900 |
| Median property tax | $1,424 | $1,176 |
| Effective tax rate | 1.308% | 1.070% |
| Median gross rent | $621 | $729 |
| Population | 5,157 | 21,773 |
The weather behind that power bill
Williamston sits in Martin County, which averages a high of 88.5°F in its hottest month and a low of 33.1°F in its coldest, with 53.2" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 1,769 cooling and 3,032 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Martin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Martin County
Full Martin County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Williamston?
A $109,000 home in Williamston, North Carolina costs approximately $1,013 per month with 20% down at 6.66%. That is $560 principal and interest, $119 property tax, $40 homeowners insurance, $204 utilities and $91 set aside for maintenance.
What is the property tax rate in Williamston?
Williamston has an effective property tax rate of 1.308%, based on a median home value of $108,900 and median real estate taxes of $1,424. That is higher than the Martin County average of 1.070%.
What is the average home price in Williamston?
The median owner-occupied home value in Williamston, North Carolina is $108,900, against $109,900 across Martin County.
Is it cheaper to rent or buy in Williamston?
Median gross rent in Williamston is $621 a month, against $1,013 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Williamston — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.